CyTA expands into UK, Greece and Hungary

CyTA has accelerated its expansion plans abroad, targeting both markets where there is a significant Greek Cypriot presence as well as emerging markets in east Europe that provide a lot of room

CSE hookup with ASE delayed

Plans by the Cyprus Stock Exchange to hook up with the Athens Stock Exchange through a common trading platform where brokers from both countries would have access to the other country stocks

CAIR staff win concessions

Offered incentives to go Cyprus Airways staff were presented with a take-it-or-leave-it deal from the government on the future of the company, but early indications suggest that the rescue plan is still

Tourism growth at 5% in 2006

Airlines agree to merge fuel surcharge into ticket prices Agent commissions may be replaced with CYP 5 ‘service charge’ Tourism arrivals in 2006 are seen increasing by 5% in addition to the

Telecom Regulator lashes out at CyTA

Telecoms Regulator Vassos Pyrgos told the House Finance Committee that despite liberalisation, CyTA still holds a massive 93.5% of the mobile market, 97% of fixed line telephony and 94% of Internet customers.